Mexico’s airlines carried 13 percent more passengers in 2011 that in 2010, the Transportation Ministry has reported. This in spite of the at least temporary grounding of financially troubled Mexicana and Aviacsa. Mexicana may be back. The bankruptcy court hearing the case says Med Atlántica, an international hotel operator, has come up with the $300 million needed to get Mexicana flying again. Now the Transportation Ministry needs to get involved. One problem is whether Med Atlántica is a Mexican entity or controlled by Europeans.
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Jimm Budd
Reporting From Mexico City
Member of the Society of American Travel Writers
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